South Dakota Codified Laws
Title 51A - Banks and Banking
Chapter 02 - Division Of Banking

Section 51A-2-1 - Establishment of Division of Banking. - 51A-2-1. Establishment of Division of Banking. The Division of Banking...

Section 51A-2-2 - Department and commission as division within Department of Labor and Regulation--Direction and supervision by department--Independent functions retained by division. - 51A-2-2. Department and commission as division within Department of Labor...

Section 51A-2-3 - Director of division--Vacancy--Qualifications. - 51A-2-3. Director of division--Vacancy--Qualifications. The division shall be under the...

Section 51A-2-4 - Director of division--Appointment and removal. - 51A-2-4. Director of division--Appointment and removal. The director of the...

Section 51A-2-5 - Deputy director--Appointment--Powers and duties. - 51A-2-5. Deputy director--Appointment--Powers and duties. The secretary of labor and...

Section 51A-2-6 - Staff employees--Compensation--Dismissal--Background investigation. - 51A-2-6. Staff employees--Compensation--Dismissal--Background investigation. The division may employ examiners and...

Section 51A-2-7 - Appointment of State Banking Commission--Director as executive officer--Qualifications of members. - 51A-2-7. Appointment of State Banking Commission--Director as executive officer--Qualifications of...

Section 51A-2-8 - Terms of commission members--Vacancies--Removal for cause. - 51A-2-8. Terms of commission members--Vacancies--Removal for cause. The term of...

Section 51A-2-9 - Chairman and secretary of commission--Per diem and expenses of members. - 51A-2-9. Chairman and secretary of commission--Per diem and expenses of...

Section 51A-2-10 - Meetings of commission. - 51A-2-10. Meetings of commission. The commission shall hold at least...

Section 51A-2-11 - Quorum--Replacement of nonparticipating member. - 51A-2-11. Quorum--Replacement of nonparticipating member. A majority of the voting...

Section 51A-2-12 - Clerical, technical, and legal assistance for commission. - 51A-2-12. Clerical, technical, and legal assistance for commission. The commission...

Section 51A-2-13 - Rules promulgated by commission. - 51A-2-13. Rules promulgated by commission. The commission may promulgate necessary...

Section 51A-2-14 - Rules granting additional authority to banks to promote competitive equality. - 51A-2-14. Rules granting additional authority to banks to promote competitive...

Section 51A-2-14.1 - State chartered banks granted powers allowed federally chartered banks. - 51A-2-14.1. State chartered banks granted powers allowed federally chartered banks....

Section 51A-2-14.2 - Restrictions on federally chartered banks apply to state chartered banks. - 51A-2-14.2. Restrictions on federally chartered banks apply to state chartered...

Section 51A-2-15 - Considerations of commission in making rules and regulations. - 51A-2-15. Considerations of commission in making rules and regulations. In...

Section 51A-2-16 - Applications to organize or change control of bank, to merge, to open or close branch banks, or to change location. - 51A-2-16. Applications to organize or change control of bank, to...

Section 51A-2-17 - Forms of advertising. - 51A-2-17. Forms of advertising. No bank may engage in any...

Section 51A-2-18 - Examination of banks by director--Substitution for examination requirements. - 51A-2-18. Examination of banks by director--Substitution for examination requirements. The...

Section 51A-2-19 - Subpoena power--Witness fees and mileage. - 51A-2-19. Subpoena power--Witness fees and mileage. The director may issue...

Section 51A-2-20 - Examination by director upon application by board--Fees and expenses. - 51A-2-20. Examination by director upon application by board--Fees and expenses....

Section 51A-2-21 - Order to prohibit stockholders' action pending judicial determination. - 51A-2-21. Order to prohibit stockholders' action pending judicial determination. The...

Section 51A-2-22 - Removal of director, officer, or employee of bank--Grounds for order by director. - 51A-2-22. Removal of director, officer, or employee of bank--Grounds for...

Section 51A-2-23 - Review of removal order by commission. - 51A-2-23. Review of removal order by commission. The commission shall...

Section 51A-2-24 - Accounting practices--Valuation of assets--Required practices to protect loans. - 51A-2-24. Accounting practices--Valuation of assets--Required practices to protect loans. The...

Section 51A-2-25 - Temporary order of director against unsound practice. - 51A-2-25. Temporary order of director against unsound practice. The director...

Section 51A-2-26 - Permanent order of commission against unsound practice. - 51A-2-26. Permanent order of commission against unsound practice. The commission...

Section 51A-2-27 - Injunctive relief. - 51A-2-27. Injunctive relief. If a person or bank that is...

Section 51A-2-28 - Seal of director. - 51A-2-28. Seal of director. The director shall have a seal...

Section 51A-2-29 - Record of fees--Disposition of money collected. - 51A-2-29. Record of fees--Disposition of money collected. The division shall...

Section 51A-2-30 - Banking special revenue fund created--Disbursements. - 51A-2-30. Banking special revenue fund created--Disbursements. There is hereby created...

Section 51A-2-31 - Copies of official records and papers in office of division--Evidentiary value--Fee for certified copy. - 51A-2-31. Copies of official records and papers in office of...

Section 51A-2-32 - Oaths and bonds of commissioners, director, deputy director, examiners and special examiners, and other division personnel. - 51A-2-32. Oaths and bonds of commissioners, director, deputy director, examiners...

Section 51A-2-33 - Secrecy oath of commissioners, director and division officers and employees--Exceptions to secrecy requirements. - 51A-2-33. Secrecy oath of commissioners, director and division officers and...

Section 51A-2-34 - Interest in bank by division officers or employees prohibited--Relinquishment of interest by director or deputy for term of office. - 51A-2-34. Interest in bank by division officers or employees prohibited--Relinquishment...

Section 51A-2-35 - Records of division open to public inspection--Exceptions--Court order. - 51A-2-35. Records of division open to public inspection--Exceptions--Court order. The...

Section 51A-2-36 - Examination and supervision fees. - 51A-2-36. Examination and supervision fees. The division shall charge and...

Section 51A-2-37 - Examinations of parent corporations by director--Penalty for refusal to allow examination. - 51A-2-37. Examinations of parent corporations by director--Penalty for refusal to...